Class A-7 Principal Distribution Amount definition

Class A-7 Principal Distribution Amount. For any Payment Date occurring during the periods set forth below is the "applicable percentage" set forth below of the Class A-7 Pro Rata Principal Distribution Amount with respect to such Payment Date: Payment Date Applicable Percentage ------------ --------------------- 1-36 0% 37-60 45% 61-72 80% 73-84 100% 85-end 300%
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Class A-7 Principal Distribution Amount. With respect to any Payment Date, an amount equal to the lesser of (x) the Group III Principal Distribution Amount for such Payment Date and (y) the amount necessary to reduce the Class A-7 Principal Balance (as it was immediately prior to such Payment Date) to zero.
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Class A-7 Principal Distribution Amount. With respect to any Distribution Date, the lesser of (a) the aggregate Certificate Principal Balance of the Class A-7 Certificates immediately prior to such Distribution Date and (b) the product of 45.112781955% and the Senior Principal Distribution Amount for such Distribution Date.
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More Definitions of Class A-7 Principal Distribution Amount

Class A-7 Principal Distribution Amount. For any Payment Date occurring during the periods set forth below is the "applicable percentage" set forth below of the Class A-7 Pro Rata Principal Distribution Amount with respect to such Payment Date: Payment Date Applicable Percentage ------------------------------------------------ 1-36 0% 37-60 45% 61-72 80% 73-84 100% 85-end 300% "Class A-7 Pro Rata Principal Distribution Amount": For any Payment Date is the product of (x) the Class A Principal Distribution Amount for such Payment Date and (y) a fraction, the numerator of which is the Class A-7 Certificate Principal Balance immediately prior to such Payment Date and the denominator of which is the Group I Class A Certificate Principal Balance immediately prior to such Payment Date.
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Class A-7 Principal Distribution Amount. As to any Distribution Date, the lesser of (A) the product of (i) the applicable Class A-7 Percentage and (ii) the product of (x) the Fixed Rate Group Principal Allocation and (y) a fraction, the numerator of which is the Class A-7 Certificate Principal Balance immediately prior to such Distribution Date, and the denominator of which is the Class A Certificate Principal Balance immediately prior to such Distribution Date, and (B) the Fixed Rate Group Principal Allocation. On the Class A-7 Certificate Termination Date, any excess of (a) the amount described in clause (x) of the preceding paragraph over (b) the amount described in clause (y) of the preceding paragraph shall be distributed as principal with respect to the Class M Certificates and the Class B Certificates, as elsewhere provided herein.
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Related to Class A-7 Principal Distribution Amount

  • Class A Principal Distribution Amount With respect to any Distribution Date, the excess of (i) the aggregate Class Certificate Balances of the Class A Certificates immediately prior to such Distribution Date over (ii) the lesser of (A) 54.50% of the aggregate Stated Principal Balance of the Mortgage Loans for such Distribution Date and (B) the excess, if any, of the aggregate Stated Principal Balance of the Mortgage Loans for such Distribution Date over $3,608,680.

  • Class A-P Principal Distribution Amount As defined in Section 4.02.

  • Class B-4 Principal Distribution Amount With respect to any Distribution Date is the excess of (i) the sum of (a) the aggregate Class Certificate Balances of the Class A Certificates (after taking into account the distribution of the Class A Principal Distribution Amount for that Distribution Date), (b) the Class Certificate Balance of the Class M-1 Certificates (after taking into account the distribution of the Class M-1 Principal Distribution Amount for that Distribution Date), (c) the Class Certificate Balance of the Class M-2 Certificates (after taking into account the distribution of the Class M-2 Principal Distribution Amount for that Distribution Date), (d) the Class Certificate Balance of the Class M-3 Certificates (after taking into account the distribution of the Class M-3 Principal Distribution Amount for that Distribution Date), (e) the Class Certificate Balance of the Class B-1 Certificates (after taking into account the distribution of the Class B-1 Principal Distribution Amount for that Distribution Date), (f) the Class Certificate Balance of the Class B-2 Certificates (after taking into account the distribution of the Class B-2 Principal Distribution Amount for that Distribution Date), (g) the Class Certificate Balance of the Class B-3 Certificates (after taking into account the distribution of the Class B-3 Principal Distribution Amount for that Distribution Date) and (h) Class Certificate Balance of the Class B-4 Certificates immediately prior to that Distribution Date over (ii) the lesser of (a) approximately 94.50% of the aggregate Stated Principal Balance of the mortgage loans for that Distribution Date and (b) the excess, if any, of the aggregate Stated Principal Balance of the mortgage loans for that Distribution Date over $3,608,680.

  • Class A-1 Principal Distribution Amount With respect to any Distribution Date on or after the Stepdown Date and on which a Trigger Event is not in effect, the excess of (x) the Certificate Principal Balance of the Class A-1 Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) 59.20% and (ii) the aggregate Stated Principal Balance of the Group I Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced and unscheduled collections of principal received during the related Prepayment Period) and (B) the aggregate Stated Principal Balance of the Group I Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced and unscheduled collections of principal received during the related Prepayment Period) minus the product of (i) 0.50% and (ii) the aggregate principal balance of the Group I Mortgage Loans as of the Cut-off Date.

  • Class A-2 Principal Distribution Amount With respect to any Distribution Date on or after the Stepdown Date and on which a Trigger Event is not in effect, the excess of (x) the sum of the Certificate Principal Balances of the Class A-2A, Class A-2B, Class A-2C and Class A-2D Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) 59.20% and (ii) the aggregate Stated Principal Balance of the Group II Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced and unscheduled collections of principal received during the related Prepayment Period) and (B) the aggregate Stated Principal Balance of the Group II Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced and unscheduled collections of principal received during the related Prepayment Period) minus the product of (i) 0.50% and (ii) the aggregate principal balance of the Group II Mortgage Loans as of the Cut-off Date.